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Odyssey Marine Exploration Inc. (OMEX) Stock Fundamental Analysis & AI Rating 2026

OMEX Nasdaq Water Transportation NV CIK: 0000798528
Recently Updated • Analysis: Apr 13, 2026 • SEC Data: 2025-12-31
STRONG SELL
98% Conf
Pending
Analysis scheduled

📊 OMEX Key Takeaways

Revenue: $353.7K
Net Margin: -12,180.6%
Free Cash Flow: $-8.9M
Current Ratio: 0.37x
Debt/Equity: N/A
EPS: $-1.10
AI Rating: STRONG SELL with 98% confidence
Odyssey Marine Exploration Inc. (OMEX) receives a STRONG SELL rating with 98% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $353.7K, net profit margin of -12,180.6%, Odyssey Marine Exploration Inc. demonstrates mixed fundamentals in the Transportation sector. Below is our complete OMEX stock analysis for 2026.

Is Odyssey Marine Exploration Inc. (OMEX) a Good Investment?

Claude

Odyssey Marine Exploration faces critical financial distress with negative stockholders' equity of -$37.6M, indicating technical insolvency. The company is experiencing a severe liquidity crisis with a current ratio of 0.37x while burning $8.8M annually in operating cash against only $3.5M in available cash, creating an immediate going-concern risk. Collapsing revenue (-54% YoY to just $353.7K) and massive operating losses (-$13.4M) with no clear path to profitability make near-term bankruptcy highly probable.

Why Buy Odyssey Marine Exploration Inc. Stock? OMEX Key Strengths

Claude
  • + Gross margin of 81% demonstrates pricing power on residual operations
  • + Minimal capex requirements suggest asset-light business model
  • + Company remains listed and reporting to SEC despite distress

OMEX Stock Risks: Odyssey Marine Exploration Inc. Investment Risks

Claude
  • ! Negative stockholders' equity of -$37.6M indicates balance sheet insolvency
  • ! Current ratio of 0.37x with $3.5M cash against -$8.8M operating cash burn creates 4-month runway before insolvency
  • ! Revenue collapsed 54% YoY to $353.7K with no evidence of stabilization
  • ! Operating losses of -$13.4M on minimal revenue with -272% ROA indicates severe operational deterioration
  • ! Total liabilities of $91.4M versus total assets of $15.8M creates $75.6M liability-to-asset gap
  • ! Going concern uncertainty - company cannot meet near-term obligations without debt restructuring or capital infusion

Key Metrics to Watch

Claude
  • * Monthly cash burn rate and runway to depletion
  • * Revenue stabilization or further contraction trends
  • * Debt restructuring announcements or covenant waivers
  • * Working capital deficit and accounts payable aging
  • * Any equity raise or asset sale announcements indicating survival efforts

Odyssey Marine Exploration Inc. (OMEX) Financial Metrics & Key Ratios

Revenue
$353.7K
Net Income
$-43.1M
EPS (Diluted)
$-1.10
Free Cash Flow
$-8.9M
Total Assets
$15.8M
Cash Position
$3.5M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

OMEX Profit Margin, ROE & Profitability Analysis

Gross Margin 81.0%
Operating Margin -3,797.1%
Net Margin -12,180.6%
ROE N/A
ROA -272.0%
FCF Margin -2,506.3%

OMEX vs Transportation Sector: How Odyssey Marine Exploration Inc. Compares

How Odyssey Marine Exploration Inc. compares to Transportation sector averages

Net Margin
OMEX -12,180.6%
vs
Sector Avg 10.0%
OMEX Sector
ROE
OMEX 0.0%
vs
Sector Avg 18.0%
OMEX Sector
Current Ratio
OMEX 0.4x
vs
Sector Avg 1.0x
OMEX Sector
Debt/Equity
OMEX 0.0x
vs
Sector Avg 1.0x
OMEX Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Odyssey Marine Exploration Inc. Stock Overvalued? OMEX Valuation Analysis 2026

Based on fundamental analysis, Odyssey Marine Exploration Inc. has mixed fundamental signals relative to the Transportation sector in 2026.

Return on Equity
N/A
Sector avg: 18%
Net Profit Margin
-12,180.6%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 1x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Odyssey Marine Exploration Inc. Balance Sheet: OMEX Debt, Cash & Liquidity

Current Ratio
0.37x
Quick Ratio
0.34x
Debt/Equity
N/A
Debt/Assets
576.9%
Interest Coverage
-3.68x
Long-term Debt
$3.0M

OMEX Revenue & Earnings Growth: 5-Year Financial Trend

OMEX 5-year financial data: Year 2021: Revenue $3.1M, Net Income -$10.4M, EPS N/A. Year 2022: Revenue $2.0M, Net Income -$14.8M, EPS $-1.41. Year 2023: Revenue $1.3M, Net Income -$22.1M, EPS $-1.28. Year 2024: Revenue $803.8K, Net Income $5.3M, EPS $0.27. Year 2025: Revenue $768.7K, Net Income $15.7M, EPS $0.07.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Odyssey Marine Exploration Inc.'s revenue has declined by 75% over the 5-year period, indicating business contraction. The most recent EPS of $0.07 reflects profitable operations.

OMEX Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-2,506.3%
Free cash flow / Revenue

OMEX Quarterly Earnings & Performance

Quarterly financial performance data for Odyssey Marine Exploration Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $61.0K -$13.1M $-0.11
Q2 2025 $135.0K -$1.5M $0.03
Q1 2025 $135.0K $2.2M $0.01
Q3 2024 $175.9K -$3.8M $-0.11
Q2 2024 $172.6K -$1.5M $0.03
Q1 2024 $203.1K $3.5M $-0.18
Q2 2023 $172.6K -$4.7M $-0.29
Q1 2023 $288.7K -$8.2M $-0.57

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Odyssey Marine Exploration Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$8.8M
Cash generated from operations
Stock Buybacks
$6.0M
Shares repurchased (TTM)
Capital Expenditures
$16.1K
Investment in assets
Dividends Paid
$10.0K
Returned to shareholders

OMEX SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Odyssey Marine Exploration Inc. (CIK: 0000798528)

📋 Recent SEC Filings

Date Form Document Action
Apr 8, 2026 8-K d67670d8k.htm View →
Mar 31, 2026 10-K omex-20251231.htm View →
Mar 24, 2026 4 xslF345X06/ownership.xml View →
Mar 10, 2026 4 xslF345X05/ownership.xml View →
Feb 27, 2026 8-K d120146d8k.htm View →

Frequently Asked Questions about OMEX

What is the AI rating for OMEX?

Odyssey Marine Exploration Inc. (OMEX) has an AI rating of STRONG SELL with 98% confidence, based on fundamental analysis of SEC EDGAR filings.

What are OMEX's key strengths?

Claude: Gross margin of 81% demonstrates pricing power on residual operations. Minimal capex requirements suggest asset-light business model.

What are the risks of investing in OMEX?

Claude: Negative stockholders' equity of -$37.6M indicates balance sheet insolvency. Current ratio of 0.37x with $3.5M cash against -$8.8M operating cash burn creates 4-month runway before insolvency.

What is OMEX's revenue and growth?

Odyssey Marine Exploration Inc. reported revenue of $353.7K.

Does OMEX pay dividends?

Odyssey Marine Exploration Inc. pays dividends, with $0.0M distributed to shareholders in the trailing twelve months.

Where can I find OMEX SEC filings?

Official SEC filings for Odyssey Marine Exploration Inc. (CIK: 0000798528) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is OMEX's EPS?

Odyssey Marine Exploration Inc. has a diluted EPS of $-1.10.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is OMEX a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Odyssey Marine Exploration Inc. has a STRONG SELL rating with 98% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is OMEX stock overvalued or undervalued?

Valuation metrics for OMEX: ROE of N/A (sector avg: 18%), net margin of -12,180.6% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy OMEX stock in 2026?

Our dual AI analysis gives Odyssey Marine Exploration Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is OMEX's free cash flow?

Odyssey Marine Exploration Inc.'s operating cash flow is $-8.8M, with capital expenditures of $16.1K. FCF margin is -2,506.3%.

How does OMEX compare to other Transportation stocks?

Vs Transportation sector averages: Net margin -12,180.6% (avg: 10%), ROE N/A (avg: 18%), current ratio 0.37 (avg: 1).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 13, 2026 | Data as of: 2025-12-31 | Powered by Claude AI